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The Mommies Network National Auction - Sept 5th - 11th
Shopping List for first-time home buyers

 
 
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blythe

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Joined: 31 Aug 2009
Posts: 8746
Location: Clarksville

PostPosted: Tue Jul 27, 2010 10:48 am    Post subject: Shopping List for first-time home buyers Reply with quote

Annalisa Burgos, of HGTV's FrontDoor.com gives these tips:

Get Pre-Approved: Contact your bank and other lenders so you can compare loan terms and rates. They will pre-approve you for a max purchase price. That shows sellers you are serious.

Location, location: Shop for homes in the best areas you can afford. Even if you don't have kids, buying a home near sough-after schools is an instant property value booster.

Work with a pro: As a buyer, you don't pay real estate agents-the seller does. But you still want to work with someone who will really listen to you. Consider an exclusive buyer's agent.

Keep expectations real: Shopping for your first place can be exciting. But in real estate, deals can fall through. Don't skip a home inspection. Protect yourself with contract contingencies.
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serafemme

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Joined: 04 Sep 2009
Posts: 2349
Location: Clarksville

PostPosted: Tue Jul 27, 2010 1:13 pm    Post subject: Reply with quote

Don't skip a home inspection.

I couldn't agree with this more.
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